(1) A reference to the previous annual registration fee for a vehicle in clause 6 is a reference to the fee that was payable for the vehicle under this Schedule had the vehicle been registered for the entire relevant financial year, and regardless of whether the amount of the fee was paid or not.
Note
Accordingly, if the annual registration fee for a year ( year 1 ) was fixed under clause 7 but not for the following year ( year 2 ), the fee for year 2 would be fixed under clause 6 based on the fee for year 1 (that is, as fixed under clause 7).
(2) Subclause (1) applies to a vehicle even if the fee was not payable in respect of the relevant financial year referred to in that subclause.
Example
The fee may not have been payable for the previous financial year because the vehicle did not then exist.